Today’s gasoline price list, October 9, will be continuously updated by Tri Thuc and Life Newspaper in market newsletters. To quickly update today’s gasoline price information, readers please press F5. BTV updates continuously.
Domestic gasoline prices
Domestic retail gasoline prices on October 9, 2024 are applied according to the price at the executive session on the afternoon of October 3 of the Ministry of Finance – Industry and Trade.
Specifically, E5 RON 92 gasoline is reduced by 770 VND/liter, not higher than 18,850 VND/liter; RON95-III gasoline decreased by 715 VND/liter, not higher than 19,803 VND/liter.
Similarly, 0.05S diesel decreased by 105 VND/liter, not higher than 17,401 VND/liter; Kerosene decreased by 222 VND/liter, not higher than 17,651 VND/liter; Fuel oil decreased by 354 VND/kg, not higher than 15,003 VND/kg.
Thus, from the beginning of the year until now, domestic gasoline prices have increased 19 times and decreased 20 times. Meanwhile, oil prices increased 16 times and decreased 23 times. In today’s executive period, the inter-ministries still do not set up a gasoline stabilization fund, similar to previous administration periods.
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World oil prices
Accordingly, WTI crude oil price is at 75.50 USD/barrel, down 1.62 USD/barrel, equivalent to a decrease of 2.10%. WTI crude oil closed the previous trading session at a price of 77.14 USD/barrel, opening today’s session at a price of 77.34 USD/barrel.
Brent oil was at 79.25 USD/barrel, down 1.68 USD/barrel, equivalent to a decrease of 2.08%. Brent oil closed the previous trading session at 80.93 USD/barrel and opened today’s session at 81.06 USD/barrel.
Thus, oil prices opened slightly down, then rebounded sharply with an increase of more than 3%. At the closing time, Brent oil price exceeded 80 USD/barrel. However, in this morning session (October 8), world oil prices simultaneously turned down with a sharp decrease of more than 2%.
According to Reuters, the Council of Ministers of the Organization of Petroleum Exporting Countries and its Allies (OPEC+) decided to maintain the oil output policy: Start increasing production by 180,000 barrels/day/month from December. Notably, Libya’s oil embargo has been lifted, which means about 700,000 barrels of crude oil/day will soon return to the market.